Fiscal Analyst ; FA​/FSD

Fiscal Analyst 5 (FA5/FSD)

This Fiscal Analyst 5 is designed for an accounting and cost allocation professional who thrives on independence, specialized knowledge, and having a high-impact, visible role within an organization. This role offers a rare mix of autonomy, technical, and strategic responsibilities on a collaborative and supportive team.

All HCA employees will apply an equity lens to their work, which may include but is not limited to all analyses of core business and processes.

The Financial Services Division (FSD), in collaboration with other Health Care Authority (HCA) divisions and a variety of external stakeholders and legislative partners, provides strategic financial expertise for Apple Health, PEBB and SEBB programs. In addition, FSD oversees the budget and compliance functions necessary to manage and monitor the single largest Washington State individual agency operating budget. Functions include budget management, accounting, forecasting, professional and hospital rate setting, financial analysis, and payment/collection operations.

This division maintains a close working relationship with agency program, policy, and clinical divisions to ensure financially sound implementation and monitoring of program strategies. It is also accountable to the Governor and legislature in ensuring HCA operates within its budget.

The mission of the FSD is to support and assist in meeting the diverse needs of individuals and families by facilitating sound management of its fiscal resources. This position, within the Federal Finance Reporting Section, supports these missions by assisting in providing fiscal support services for the FSD. By providing grant fiscal support to both internal and external stakeholders, and monitoring grant spending and revenue whose dollars directly support the clients HCA serves, this position is very important in ensuring that the FSD is successful in its mission.

This position functions as the highest agency statewide expert in the financial specialty area of cost allocation.

This position is eligible to telework but is required to come in 1 day a week for training until completed and then quarterly thereafter. The default assigned work location of all Health Care Authority (HCA) positions – both on-site and telework eligible positions – is within the State of Washington. This position reports to Olympia, WA. Frequency of onsite work will vary based on business and operational needs.

HCA has currently suspended the ability to support out-of-state telework.

• Perform financial and technical tasks in coordinating, maintaining, and submitting of the agency’s cost allocation plans ensuring compliance with all state and federal regulations.
• Maintain and update Integrated Cost Pools monthly, and develop new cost allocation bases as needed, ensuring accurate and equitable distribution of shared costs.
• Oversee the development and implementation of cost allocation methodologies to ensure the accurate expenditure of federal funds. This includes coordinating regular reviews, submitting necessary edits, and ensuring alignment with Federal Fiscal Year requirements.
• Coordinates all plan changes with Federal Finance Reporting Supervisor, including leadership within FSD.
• Maintains computerized financial systems for the development and reporting of the department's appropriations, allotments, allocations, and expenditures.
• Perform financial tasks, including research and analysis of financial expenditures and documents, technical financial problems, and other state and federal resources such as regulations, laws, and statutes.
• Administer the agency's PACAP, including preparing and submitting amendments to the U.S. Department of HHS/Division of Cost Allocation.
• Serve as the primary liaison for PACAP-related organizational changes, coordinating with FSD, Program Managers and other internal/external stakeholders to ensure alignment.
• This position functions as the highest agency statewide expert in cost allocation including the management and maintenance of the HCA’s Cost Allocation Plan.
• Oversee and execute complex state & federal…